November 13, 2024 | 2 months ago

Algeria-Mozambique: opportunities for cooperation in various industrial sectors reviewed

ALGIERS - On Tuesday in Algiers, the Minister of Industry and Pharmaceutical Production, Ali Aoun, received the Ambassador of the Republic of Mozambique to Algeria, Antonio Augusto Eduardo Namburete, with whom he reviewed bilateral cooperation and investment opportunities in the industrial sector, according to a press release from the ministry.

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Discussions between the two parties focused on industrial cooperation between Algeria and Mozambique and the prospects for consolidating it in the future, particularly in the pharmaceutical sector.

On this occasion, Mr Aoun indicated Algeria's willingness to cooperate with the Republic of Mozambique by contributing to the training of managers in the sector, and proposed "greater rapprochement and exchange of expertise between Algerian businessmen and their Mozambican counterparts, and the creation of specialised commissions to study potential investment projects", according to the same source.

The Ambassador of the Republic of Mozambique to Algeria welcomed the proposal, believing that "investment opportunities between the two countries are numerous, especially as Algeria is considered the gateway to Africa due to its strategic location", he concluded in the press release.

November 13, 2024 | algeria-logo